OECD Leading Index Signals Stable Growth Momentum

The Organization for Economic Cooperation and Development said the composite leading indicators signaled stable growth momentum in most major economies and in the OECD area as a whole.

The leading index held steady at 100.4 in October. The index continues to point stable expansion in the United States, Canada, China and Brazil, while tentative signs of a positive change in momentum are emerging in Japan, the OECD said. Read more here.